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the reason for -- you go back to why would reid not just -- mcconnell has been trying to pressure reid to pull his bill. and part of that could be politics and posturing, in that you successfully kill boehner. and we should let go and let harry reid talk, it looks like. >> mr. president, there are negotiations going on at the white house now on a solution that will avert a catastrophic default on the nation's debt. there are many elements to be finalized, many elements to be finalized, and there is still a distance to go before any arrangement can be completed. but i believe we should give everyone as much room as possible to do their work. i've spoken to the white house quite a few times this evening. they've asked me to give everyone as much time as possible to reach an agreement, if one can be reached. for that reason, we'll hold over the vote until tomorrow at noon to give them more time to talk. in fact, we'll come in at noon and have the vote at 1:00. i'm glad to see this move toward cooperation and compromise. i hope it bears fruit. i'm confident that a final agreement that will
the reason for -- you go back to why would reid not just -- mcconnell has been trying to pressure reid to pull his bill. and part of that could be politics and posturing, in that you successfully kill boehner. and we should let go and let harry reid talk, it looks like. >> mr. president, there are negotiations going on at the white house now on a solution that will avert a catastrophic default on the nation's debt. there are many elements to be finalized, many elements to be finalized,...
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harry reid disputed that. the boehner proposal is far from bipartisan because of additions made to it at the behest of the tea party freshmen, i.e. the budget balance amendment. at 3:30 you'll probably hear more from democrats. they have a press conference this afternoon, as well. the main story is we are here against the clock. there is no clear path forward. negotiations are supposedly ongoing with harry reid trying to get republican senators onboard. even in a perfect world, if everythi everything, even if is there a compromise tonight, you have that deadline tuesday. we are literally in the same position today we were in earlier this week. >> people don't want to hear that. what about this letter that came out where 43 gop senators signed it but four did not? what's your thought on that? does that show perhaps some compromise is afoot right now in the senate? >> it's interesting three senate republicans said they would not accept leader reid's proposal in its current form. scott brown in massachusetts, sus
harry reid disputed that. the boehner proposal is far from bipartisan because of additions made to it at the behest of the tea party freshmen, i.e. the budget balance amendment. at 3:30 you'll probably hear more from democrats. they have a press conference this afternoon, as well. the main story is we are here against the clock. there is no clear path forward. negotiations are supposedly ongoing with harry reid trying to get republican senators onboard. even in a perfect world, if everythi...
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the reid-mcconnell battle. harry reid does not like hearing that mitch mcconnell is doing an end run around his reid's leadership vice president biden. so in general, i expect we'll hear a maneuver from harry reid to make his effort to find a compromise the more important one. and if he doesn't think he has the votes, it could be delaying the vote we're anticipating at 1:00 a.m., it could be some alteration in the plan or in the bill itself. i'm not sure. but to put his plan back at center stage and not this kind of side negotiation between mcconnell and biden. >> michael, right now, though, what are the options that senator reid has? especially if he doesn't have the votes needed to get there at 1:00 a.m.. >> well, i agree with gene, of course. if he doesn't have the votes, he's got to try to yank this thing back into his orbit. you know, the potato charles simick talked about having a banquet in a madhouse. i don't know if this is a banquet in a madhouse, but it's certainly a cafeteria in the midst of chaos.
the reid-mcconnell battle. harry reid does not like hearing that mitch mcconnell is doing an end run around his reid's leadership vice president biden. so in general, i expect we'll hear a maneuver from harry reid to make his effort to find a compromise the more important one. and if he doesn't think he has the votes, it could be delaying the vote we're anticipating at 1:00 a.m., it could be some alteration in the plan or in the bill itself. i'm not sure. but to put his plan back at center...
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that's the games manship going on right now between mcconnell and reid. >> we hear harry reid accusing everyone of a filibuster, you can put lipstick on 2, a skirt on it, a suit on it, it's still a filibuster. >> mcconnell's trying to say, no, no, we want to hold the vote now, because he wants reid to take it off the table. because suddenly that would -- reid would have a little less leverage in these final hours of negotiation going in. it is -- you know, this is two guys who probably know the senate rules as well as everybody alive. there's only one person i can think of that knew him better, senator byrd, he knew how to use these rules in a way no one else did. mcconnell and reid know what they're doing, and they're playing -- and this is playing out in the open at a time when i'm sure a lot of people are going when am i talking about. >> after midnight tonight at 1:00 a.m., there's supposed to be this vote, is there also talk there could be amendments made that would then put off that vote for another time period down the line within two days, correct? >> well, here's what could ha
that's the games manship going on right now between mcconnell and reid. >> we hear harry reid accusing everyone of a filibuster, you can put lipstick on 2, a skirt on it, a suit on it, it's still a filibuster. >> mcconnell's trying to say, no, no, we want to hold the vote now, because he wants reid to take it off the table. because suddenly that would -- reid would have a little less leverage in these final hours of negotiation going in. it is -- you know, this is two guys who...
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harry reid submitted his own plan. as of this point he does not have support to get to the magical 60 threshold we hear so much, 60 votes out of 100 in the senate to get it passed out of there, so the key becomes senate republicans. there are furious negotiations going on behind the scenes today as we speak, trying to alter that measure that reid submitted last night in a way to attract at least seven, but hopefully more if you're a democrat, if you're president obama, to the bill so they can get it passed. the first crucial test, tonight in the wee hours or i should say tomorrow morning at 1:00 a.m., sort of a test vote, a procedural vote, in the senate. a best case scenario, this will go right up to the deadline. if they get through the senate, it goes back to the house. another torturous session there. we'll go right to tuesday on this thing, very little doubt about it at this point. >> i'm curious if we're going to see the picture of congressional leaders coming to the white house or conversely, as we've seen in, y
harry reid submitted his own plan. as of this point he does not have support to get to the magical 60 threshold we hear so much, 60 votes out of 100 in the senate to get it passed out of there, so the key becomes senate republicans. there are furious negotiations going on behind the scenes today as we speak, trying to alter that measure that reid submitted last night in a way to attract at least seven, but hopefully more if you're a democrat, if you're president obama, to the bill so they can...
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it tied down reid. you've seen this pessimism around capitol hill in this sense the country is fed up with what's going on here. the ideaes things are so dysfunctional the american economy and american people are going to suffer because of it and you're starting to garner that from leaders, established figures here. really a disgust. i spoke to one senator before i came over here. they told me, look, this is one of the saddest moments i ever had in congress. you're hearing that. kent conrad. i haven't heard people not negotiating in 25 years. we can't breakthrough this fog right now. it's the 401(k), the stock market, kids trying to get hired, someone wanting to buy a house. that is starting to resonate with folk once capitol hill. >> you said months ago, you wait until we start talking about the debt ceiling of 2012 and you were right. i will always remember that. thank you so much, luke russert. >> take care, richard. appreciate it. >> the debt debate in washington having ripple effects from across th
it tied down reid. you've seen this pessimism around capitol hill in this sense the country is fed up with what's going on here. the ideaes things are so dysfunctional the american economy and american people are going to suffer because of it and you're starting to garner that from leaders, established figures here. really a disgust. i spoke to one senator before i came over here. they told me, look, this is one of the saddest moments i ever had in congress. you're hearing that. kent conrad. i...
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to mitch mcconnell that you've got to get reid to change it. and when it's a reid-mcconnell bill, it's going to go back to the house and i don't think john boehner has enough republicans to pass it in the house. he's going to have to go to steny howier and get some democratic votes and the result will be a split in the republican party in the house and the senate and that's what is going to come out of this battle. but i think it will be resolved by wednesday morning. >> morris, what does that reid-mcconnell bill need to look like so it will get passed in the house? >> well, i hope that it means we'll be able to get this thing done right away. i don't believe that we want -- anyone wants to be able to deal with it now and then have to come back closer to the elections and deal with it again. i hope that's one of the more fundamental things, that we get this behind us and take on the larger issue of the debt. now, i would say that the tea party guys have done a good thing. they've made the american public focus on the fact that the congress is l
to mitch mcconnell that you've got to get reid to change it. and when it's a reid-mcconnell bill, it's going to go back to the house and i don't think john boehner has enough republicans to pass it in the house. he's going to have to go to steny howier and get some democratic votes and the result will be a split in the republican party in the house and the senate and that's what is going to come out of this battle. but i think it will be resolved by wednesday morning. >> morris, what does...
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even with the reid plan. even with obama coming to the table, sacrificing things that many of us think are going way too far, he has struck the right note. we are willing to compromise, because the american people are hanging in the balance. and ed, god forbid, we haven't even spoken about the poor people. we've talked about the middle class. what about poor people? >> i was going to ask you about that. i was going to ask you about that. this is quite a financial haircut. this is going to hurt a lot of people. how will it affect minorities? >> i mean, minorities will be hurt, working class people will be hurt, middle class people will be hurt. and those at the bottom, whose boats are stuck at the bottom, who when the rising tide lifts will leave them behind, because they have bailed out already, because there's so many holes in their crafts, economically. we're talking about no new tax revenue coming in here. we're talking about spending can cuts that are atrocious in terms of their reduction of attention to
even with the reid plan. even with obama coming to the table, sacrificing things that many of us think are going way too far, he has struck the right note. we are willing to compromise, because the american people are hanging in the balance. and ed, god forbid, we haven't even spoken about the poor people. we've talked about the middle class. what about poor people? >> i was going to ask you about that. i was going to ask you about that. this is quite a financial haircut. this is going to...
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mitch mcconnell, harry reid. harry reid has just said the boehner plan which now looks like it will have the votes, now that he's tried to get his freshmen into line, that that will pass, most likely, then go to the senate. it will be taken up and it will be defeated. so you've got at least 51 votes plus two independents against it in the senate and possibly some republicans as well. then what happens? is there some combination of harry reid and boehner that is being worked on behind the scenes which takes the budget cuts this all have agreed on, that the biden group was talking about, and tries to move on from there? >> well, there is lots of avenues for agreement. there is -- there aren't that many big differences between the boehner plan and the reid plan other than one critical difference which is under john boehner's plan, we would be right back in this mess right at the holiday season, having this same debate, creating uncertainty in the economy at one of the most critical times for the economy, the holiday
mitch mcconnell, harry reid. harry reid has just said the boehner plan which now looks like it will have the votes, now that he's tried to get his freshmen into line, that that will pass, most likely, then go to the senate. it will be taken up and it will be defeated. so you've got at least 51 votes plus two independents against it in the senate and possibly some republicans as well. then what happens? is there some combination of harry reid and boehner that is being worked on behind the scenes...
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the house has sent this bill over, harry reid is trying to take quick action on it. i just got word on my blackberry harry reid is trying to schedule votes to get through this. can you tell us what the state of play is in the senate right now. >> the vote has just started on the move to end the boehner proposal in the senate and the boehner proposal will lose. i mean, it never had any prospects in the senate, which the speaker certainly knew. perhaps more extraordinary, lawrence, the minority leader just told the majority leader that he will not negotiate with him. that is really quite extraordinary. the republican leader, mcconnell, has told the majority leader reid that he will not negotiate with him. he'll only negotiate with the president. i've been here 25 years, i have never heard anything like that. lawrence, you were here in a key staff position on the key committee in the united states senate. i don't know if you have ever heard in all of your time in the senate a minority leader tell the majority leader that he will not negotiate with him. he then, the repu
the house has sent this bill over, harry reid is trying to take quick action on it. i just got word on my blackberry harry reid is trying to schedule votes to get through this. can you tell us what the state of play is in the senate right now. >> the vote has just started on the move to end the boehner proposal in the senate and the boehner proposal will lose. i mean, it never had any prospects in the senate, which the speaker certainly knew. perhaps more extraordinary, lawrence, the...
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that's what harry reid's bill does. it hits the $2.4 trillion in deficit reduction our republican colleagues said they want. it lifts the cloud over the economy so we're not in the same fix six months down the road and protects medicare and social security. may believe our colleagues don't appreciate that, but that's an important part from the democratic perspective. >> so if the bill makes it to the house, do you think here, congressman, there might be a possibility, do you see this as a possibility that speaker boehner might reach out to you and others? >> well, i would certainly hope so. i hope that we would be willing in the interest of the country and of our economy to reach across the aisle, because the proposal that he put on the floor the other day didn't get a single democratic vote. that's because it was so extreme, so far to the right. again, a part of their plan to end the medicare guaranty, slash medicaid, slash education, and yet protect the special interest tax breaks for oil companies and corporate jets.
that's what harry reid's bill does. it hits the $2.4 trillion in deficit reduction our republican colleagues said they want. it lifts the cloud over the economy so we're not in the same fix six months down the road and protects medicare and social security. may believe our colleagues don't appreciate that, but that's an important part from the democratic perspective. >> so if the bill makes it to the house, do you think here, congressman, there might be a possibility, do you see this as a...
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even with the reid plan. even with obama coming to the table, sacrificing things that many of us think areç going wa too far, he has struck the right note. we are willing to compromise, because the american people are hanging in the balance. and ed, god forbid, we haven't even spoken about the poor people. we've talked about the middle class. what about poor people? >> i was going to ask you about that. this is quite a financial haircut. this is going to hurt a lot of people. how will it affect minorities? >> i mean, minorities will be hurt, working class people will be hurt, middle class people will be hurt. and those at the bottom, whose boats are stuck at the bottom, who when the rising tide lifts will leave them behind, because they have bailed out already, because there's so many holes in their crafts, economically. we're talking about no new tax revenue coming in here. we're talking about spending can cuts that are atrocious in terms of their reduction of attention to the poor and the republicans stil
even with the reid plan. even with obama coming to the table, sacrificing things that many of us think areç going wa too far, he has struck the right note. we are willing to compromise, because the american people are hanging in the balance. and ed, god forbid, we haven't even spoken about the poor people. we've talked about the middle class. what about poor people? >> i was going to ask you about that. this is quite a financial haircut. this is going to hurt a lot of people. how will...
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they will reportedly hold a symbolic vote on senator reid's latest plan. meanwhile the senate will reconvene at 1:00 p.m. today. the senate rejected speaker boehner's plan last night hours after it passed the house. david, good morning. >> good morning, good to be with you. >> i'm glad you're here, do you have a crystal ball here and give us word on what will happen today? >> i wish i did, but i do think some of the quotes and comments coming out from republicans in this senate indicate they are going to get to a deal. you have senator john thune saying we're closer than you think we might be, even senator jim demint, pretty staunch conservative saying i don't want to get this close and play with this deadline. so i think you are going to get a deal in the senate, it just e depends on how big it it is then when it goes back to the house. >> is there enough time to get it together and actually pass something? >> you know, i think there is in washington time. it doesn't look like there is because of how slow things typically move, but this is very, very real
they will reportedly hold a symbolic vote on senator reid's latest plan. meanwhile the senate will reconvene at 1:00 p.m. today. the senate rejected speaker boehner's plan last night hours after it passed the house. david, good morning. >> good morning, good to be with you. >> i'm glad you're here, do you have a crystal ball here and give us word on what will happen today? >> i wish i did, but i do think some of the quotes and comments coming out from republicans in this...
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what reid did in starting the clock today, senator reid, the majority leader, is at least start the process for the senate to consider all weekend their plan, which will be amended. so, this will all be discussed and debated in back rooms, that's the way the process is going to work, based on whether boehner does deliver anything, the leverage -- >> what i'm trying to figure out, andrea, how that happens. >> sure. >> the reports last night, obviously i wasn't there, but when you read the reports this morning about how bloodied and battered essentially these tea party republicans looked and spoke coming out of that meeting with john boehner, and yet in spite of all that pressure, weren't changing their minds, i'm trying to figure out how that gets done. >> well, at some point enough votes have to be persuaded to switch. and if -- if anything's going to be delivered. and it really is true that john boehner's leverage, his speakership is on the mat. everything's on the line right now. whatever metaphor you want to use. and what he is saying to them is that you are empowering barack obama. you'
what reid did in starting the clock today, senator reid, the majority leader, is at least start the process for the senate to consider all weekend their plan, which will be amended. so, this will all be discussed and debated in back rooms, that's the way the process is going to work, based on whether boehner does deliver anything, the leverage -- >> what i'm trying to figure out, andrea, how that happens. >> sure. >> the reports last night, obviously i wasn't there, but when...
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and while house speaker boehner called the reid plan gimmicky, this is how senator reid summed it up on the floor of the senate. >> someshort, every republicans have wrapped up in a bow and delivered to the door, but now they say that the demands that have been fulfilled are not enough. >> we are joined by maryland congressman chris van hollen, and first, what was the reaction to mr. walsh's considered contribution to the debate. he won't even vote for speaker boehner's plan. >> well, you see the exactly the dilemma we are facing which is a core of hard right tea party members in the house of representatives who don't think it is a problem if the united states doesn't pay the bills and every american family has to pay the mortgage and make the car payment and get up one day and say i'm not making the payments anymore, but that is what they are proposing but the single exception is that we will pay china and the bondholders, but it is okay not to pay the troops and not the pay social security and anything that is not in the form of a treasury bond obligation, they are willing to write
and while house speaker boehner called the reid plan gimmicky, this is how senator reid summed it up on the floor of the senate. >> someshort, every republicans have wrapped up in a bow and delivered to the door, but now they say that the demands that have been fulfilled are not enough. >> we are joined by maryland congressman chris van hollen, and first, what was the reaction to mr. walsh's considered contribution to the debate. he won't even vote for speaker boehner's plan....
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. >> now it's senator harry reid's turn. will his solution win bipartisan support? this is the deadline looms after a brutal week for the markets. the latest on the increased pressure from wall stret to produce an agreement before monday's opening bell. plus, the default fallout. what if the nation loses its aaa credit rating. how would that affect the average american? we have some answers for you. good morning. i'm alex witt welcome to msnbc saturday. marathon negotiations are planned many the senate today. a working weekend. as the debt clock ticks closer to midnight, the senate will start its session at 1:00 p.m. eastern. it is scheduled to test vote 12 hours later at 1:00 a.m. early sound morning. meantime the house is meeting this afternoon. sit planning a vote to reject the senate bill before it has even been passed. with just three days to the default deadline, tensions on the hill are higher than ever. >> it is time for the administration and time for our colleagues across the aisle put something on the table. tell us where you are. >> the proposal that i p
. >> now it's senator harry reid's turn. will his solution win bipartisan support? this is the deadline looms after a brutal week for the markets. the latest on the increased pressure from wall stret to produce an agreement before monday's opening bell. plus, the default fallout. what if the nation loses its aaa credit rating. how would that affect the average american? we have some answers for you. good morning. i'm alex witt welcome to msnbc saturday. marathon negotiations are planned...
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senator reid, leader reid's plan and, of course, speaker boehner. they have a lot in common, and that they have a down payment and they create a special congressional committee to complete the work. the problem on the reid side of the issue is he has just one vote to extend the debt limit and so that raises the question, how can you be assured of getting the additional savings? speaker boehner's approach has two steps. again, the question is, if the special committee does not perform, how do you shore the debt limit, that it's extended? those are the challenges that we have. so we've worked all day yesterday trying to find a fail-safe mechanism in case the special committee of congress would fail to provide the additional savings. >> right. >> and we came up with some very good ideas for doing that, and one involves the group of six plan if congress fails to come up with the additional savings. >> i know in this "gang of six," three democrats, three republicans, but i have not heard assurances the three republicans are onboard of essentially changin
senator reid, leader reid's plan and, of course, speaker boehner. they have a lot in common, and that they have a down payment and they create a special congressional committee to complete the work. the problem on the reid side of the issue is he has just one vote to extend the debt limit and so that raises the question, how can you be assured of getting the additional savings? speaker boehner's approach has two steps. again, the question is, if the special committee does not perform, how do...
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harry reid has the only chance of passage. if he can whip those 59 votes and find one more vote to break a filibuster, we are looking at some like the reid plan with modification. >> senator democratic leaders slammed the house leadership a few hours ago. listen to this. >> the senate is the only way out of this mess. you've seen the huge difficulties in the house, their inability to tie their own shoes. >> to think with a straight face they sent us something the american people would accept, the ryan budget, cap-and-cut, whatever that is and this thing? that's not legislation. that was an extravaganza that made them look foolish. >> they are saying the senate is the only way out of this. chuck schumer saying the reid plan is the only one in town. when you think about it going over to the other side, it's never going to get through the house. >> what is incredible, harry required is right. they've been passing sham bills. this is defunding npr. it makes the tea party feel good, but it cannot become law. john boehner has the on
harry reid has the only chance of passage. if he can whip those 59 votes and find one more vote to break a filibuster, we are looking at some like the reid plan with modification. >> senator democratic leaders slammed the house leadership a few hours ago. listen to this. >> the senate is the only way out of this mess. you've seen the huge difficulties in the house, their inability to tie their own shoes. >> to think with a straight face they sent us something the american...
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maybe they can get them to vote for a portion of the reid plan. other than that, right down to the wire and as lawrence o'donnell has said, around midnight on august 2nd we get a clean debt ceiling bill. >> you think it will grind down to that? >> one of those two options. i don't think there's another option. >> thank you. stay with us. thanks very much. >>> we'll be right back. i find investments with e-trade's top 5 lists and use pre-defined screeners to work smarter. not harder. i depend on myself to take charge of my financial future. [ bell dinging ] oh! let's do this. look who's early! [ dentist ] my patients want to walk into their dental check-up prepared to ace it. that's why i tell them to use new crest pro-health invigorating clean rinse. its invigorating action lets you know it's working to fight plaque and gingivitis and it provides all these other benefits. crest pro-health invigorating clean rinse. clean, protect, and invigorate your way to better dental check-ups. life opens up when you do. mont >>> we are now an hour closer to th
maybe they can get them to vote for a portion of the reid plan. other than that, right down to the wire and as lawrence o'donnell has said, around midnight on august 2nd we get a clean debt ceiling bill. >> you think it will grind down to that? >> one of those two options. i don't think there's another option. >> thank you. stay with us. thanks very much. >>> we'll be right back. i find investments with e-trade's top 5 lists and use pre-defined screeners to work...
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not just sticking harry reid a little bit. but as a practical matter, the president obviously needs to be involved here because he has final say so. the two leaders are in the white house, the big white structure behind me, someplace, we don't know exactly where. as far as we know they're still meeting. we do not know if there's a specific proposal that they're discussing among themselves to see not only where the votes are in senate but where the votes are in the house. richard, i don't want to go -- i don't want to go too long, but if the senate does pass something, remember we're talking tuesday midnight before the government runs out of borrowing authority. it's going to have to go back to the house of representatives. and we can assume given all the cal is thennics john boehner had to go through yesterday that they will need democratic support for whatever comes out of the senate. i'm sure that's being discussed with nancy pelosi if there is some deal taking shape. >> we hear that if there's any change to that reid bill t
not just sticking harry reid a little bit. but as a practical matter, the president obviously needs to be involved here because he has final say so. the two leaders are in the white house, the big white structure behind me, someplace, we don't know exactly where. as far as we know they're still meeting. we do not know if there's a specific proposal that they're discussing among themselves to see not only where the votes are in senate but where the votes are in the house. richard, i don't want...
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you heard harry reid say the deal is being negotiated at the white house. if the democrats have to vote on cuts to entitlement programs, you and david were talking about this -- they're already on the record as opposing any sort of dramatic change to medicare and social security. when they voted against that ryan plan, which would have been a dramatic overhaul of the medicare program. even though the president, the top democrat in our country, has already put it on the table publicly talking about reduced cost of living adjustments and social security in the run up to this and reduction in medicare benefits, possibly raising retirement age and some other adjustments to strengthen those programs, they're already on record against that in voting against the ryan plan. you take away all their cover if this is what comes out of this super committee, especially if it is due to the fact that republicans are unwilling to raise taxes. those bush tax cuts, this does not touch them. correct me if i'm wrong, chief white house correspondent, but as far as i know this d
you heard harry reid say the deal is being negotiated at the white house. if the democrats have to vote on cuts to entitlement programs, you and david were talking about this -- they're already on the record as opposing any sort of dramatic change to medicare and social security. when they voted against that ryan plan, which would have been a dramatic overhaul of the medicare program. even though the president, the top democrat in our country, has already put it on the table publicly talking...
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it remains to be seen how the head count goes on what reid is now proposing, but if reid can't get 60 votes, then he has a stalemate of the senate and we know how that works, and they could push something through the house, and then you would have the president left with the dilemma of having to accept default or veto a house bill, something he has said he would veto. >> so in effect, what you are saying, andrea, john boehner would have put the president in a invidious position to which he ultimately will be blamed if there is a default? >> what you are seeing now is the positioning of exactly that over who is going to take the blame. and if the last bill that is passed at least one house is john boehner's then he could make the case that the president is the one standing in the way, and ooetser w ither way, you aro have both sides claiming that the opponents are to blame if this goes down. what the markets are saying today at least is that we think that they will work this out, but someone is going to blink. >> that is what the markets are saying. andrea, finally,ç a resolution bef
it remains to be seen how the head count goes on what reid is now proposing, but if reid can't get 60 votes, then he has a stalemate of the senate and we know how that works, and they could push something through the house, and then you would have the president left with the dilemma of having to accept default or veto a house bill, something he has said he would veto. >> so in effect, what you are saying, andrea, john boehner would have put the president in a invidious position to which...
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trying to shape the outcome through leader reid. will he be interested in signing a bill he said he wouldn't sign? who knows. with david plouffe senior adviser to the president in a few minutes to find out about that. on wednesday senator reid insisted over and over that boehner's plan wouldn't pass the senate but he held out hope that there would be a deal before next tuesday. >> today or tomorrow or friday, magic things can happen here in congress in a very short period of time. >> kelly o'donnell is nbc's capitol hill correspondent. what's surprising to me is apparently how little conversation actually is taking place behind the scenes between reid and mcconnell, reid and boehner, as much as we thought there would be say a week ago when we would have been at this point? >> well, it's one of the things that aides don't necessarily want to shine a big bright light on. what we have been told is that certainly the senior level staffers who, as you understand, are critically important in that, they do a lot of the heavy lifting in neg
trying to shape the outcome through leader reid. will he be interested in signing a bill he said he wouldn't sign? who knows. with david plouffe senior adviser to the president in a few minutes to find out about that. on wednesday senator reid insisted over and over that boehner's plan wouldn't pass the senate but he held out hope that there would be a deal before next tuesday. >> today or tomorrow or friday, magic things can happen here in congress in a very short period of time....
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harry reid is watching this play out. mitch mcconnell believes there has to be a compromise because the republican bill doesn't have a chance on get through the senate. it will be vetoed by president obama. >> what do we know of the talk of the 20 or 30 day extension? >> reporter: that has been floated out there. obviously you heard from the white house saying they don't want to do that. it does reflect the political reality. a lot of folks don't believe they can make the august 2nd deadline. we are here, less than a week away, and so vastly apart. remember, if anything will come together, it looks like it will be on sunday. it will be some sort of plan that harry reid and john boehner will craft which will be shot through in the dead of the night through both chambers. that was unpopular with the house the last time the government shutdown. that is why you are hearing it. in terms of the august 2nd deadline, there has been some discussion that perhaps the treasury will have money to pay through the end of next week. a lo
harry reid is watching this play out. mitch mcconnell believes there has to be a compromise because the republican bill doesn't have a chance on get through the senate. it will be vetoed by president obama. >> what do we know of the talk of the 20 or 30 day extension? >> reporter: that has been floated out there. obviously you heard from the white house saying they don't want to do that. it does reflect the political reality. a lot of folks don't believe they can make the august 2nd...
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that failed mcconnell reid back in the day. no one is agree on what the second trigger is. it's going to be a two-step deficit reduction process. boehner wants to do another debt ceiling vote. reid wants it to be this commission of some form, but what's going to be the personality if the commission doesn't work? that's the problem. now down on the other end of pennsylvania avenue, the white house is still trying to deal themselves back into the conversation. monday of course it was the president. now look at tuesday's blitz. all on tv tuesday pushing compromise trying to get something done. but they're not at the center of the talks. behind the scenes, white house officials are essentially working through and with senate majority leader harry reid to shape a deal. he's the proxy here. now yesterday they did issue a veto threat on the john boehner plan. but that is it, the boehner thing would be as it when it got to the president's desk. the real news of yesterday as the day wore on is lots of whispers that the likelihood of som
that failed mcconnell reid back in the day. no one is agree on what the second trigger is. it's going to be a two-step deficit reduction process. boehner wants to do another debt ceiling vote. reid wants it to be this commission of some form, but what's going to be the personality if the commission doesn't work? that's the problem. now down on the other end of pennsylvania avenue, the white house is still trying to deal themselves back into the conversation. monday of course it was the...
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we're waiting to hear from harry reid. let me show you the shot on capitol hill expecting him to come out in the senate and to address reporters on what the next step is on his plan about collie tur in the senate. in the meantime, we're asking the president who's insisting on any solution at this point, it must be bipartisan. my big question today, have we reached a point in american politics where a bipartisan solution is just a pipe dream? it seems like we're getting to that point. a lot of frustration from capitol hill. here's the way you reach me, facebook, twitter on email. okay, so right now there's no path to a deal. time's running short. the president has urged both sides to get together. get a deal that he can sign. >> there are plenty of ways out of this mess. but we are almost out of time. we need to reach a compromise by tuesday so that our country will have the ability to pay its bills on time. >> senator ben carden is a democrat from maryland, a member of the budget and finance committee. senate, good to see
we're waiting to hear from harry reid. let me show you the shot on capitol hill expecting him to come out in the senate and to address reporters on what the next step is on his plan about collie tur in the senate. in the meantime, we're asking the president who's insisting on any solution at this point, it must be bipartisan. my big question today, have we reached a point in american politics where a bipartisan solution is just a pipe dream? it seems like we're getting to that point. a lot of...
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right now it appears it's the white house talking to reid and reid passing on the messages to boehner and to mcconnell. now, while boehner and reid appear to be talking past each other, the speaker and the white house still are arguing that somehow there could be this grand bargain. yesterday morning, here's what it sounded like. >> i don't know. it may be pretty hard to put humpty dumpty back together again, but my last offer is still out there. i've never taken my last och oaf the table and they never agreed it it, to my knowledge. >> what tim geithner said on that same program. >> there's two types of plans on the table now. one is the framework that the president and the speaker of the house have been talking about for the last several weeks now. >> i thought that's dead? >> no. they're talking still, because, again, both the president and the speaker believe that the best thing we can do is put together a very substantial contribution to getting our fiscal house back in order? >> you're saying the grand bargain is still on -- >> i wouldn't say it that way. there's two approaches
right now it appears it's the white house talking to reid and reid passing on the messages to boehner and to mcconnell. now, while boehner and reid appear to be talking past each other, the speaker and the white house still are arguing that somehow there could be this grand bargain. yesterday morning, here's what it sounded like. >> i don't know. it may be pretty hard to put humpty dumpty back together again, but my last offer is still out there. i've never taken my last och oaf the table...
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reid has $2.2 trillion in cuts and doesn't raise taxes. is there any version you would suppo support? >> andrea, i've proposed over $7 billion worth of cuts in the appropriations bills. the thing is if l the accounting gimmicks and the budgetary tricks that barack obama and harry reid are giving us are just that. we can't have anymore of that. we need to be truthful with american people. they deserve is truth. i'm voting for america. i'm voting for a strong economic future for america for my kids and grand kids. i believe firmly that we've got to deal with this debt. we cannot continue to create more and more. barack obama, nancy pelosi, harry reid have created more debt in the last congress while i was here i voted against all that stuff. is the stimulus bill which has been an abject failure. bush's first staunch on tarp and obama's second, i disagree with all that. we've got to get headed in a good financial direction and to do that, we have to deal with the debt. we cannot create more. we've got to start cutting across the board in ever
reid has $2.2 trillion in cuts and doesn't raise taxes. is there any version you would suppo support? >> andrea, i've proposed over $7 billion worth of cuts in the appropriations bills. the thing is if l the accounting gimmicks and the budgetary tricks that barack obama and harry reid are giving us are just that. we can't have anymore of that. we need to be truthful with american people. they deserve is truth. i'm voting for america. i'm voting for a strong economic future for america for...
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the republican leader mcconnell has told the majority leader reid that he will not negotiate with him. he will only negotiate with the president. i have been here 25 years. i have never heard anything like that. >> the news conference late last night after the chamber killed a detmer that was passed by the house. sfwroo the senate is the only way out of this mess. you have seen the huge difficulties in the house, their inability to even tie their own shoes. >> to think with a straight face that they've spent something that the american people would accept, the ryan budget, cap and cut, whatever that is, and then this thing. that's not lejsz las vegas. that is a -- that was an extravaganza over there that made them all look very foolish. >> northbound's luke russert is live for us on capitol hill. with a good saturday morning to you, luke. we heard senator kent conrad put it in perspective there, but for you how bad is this breakdown between the parties right now? >> it's pretty bad. just in the sense that there is so far we know of no real communication between harry reid and mitch mc
the republican leader mcconnell has told the majority leader reid that he will not negotiate with him. he will only negotiate with the president. i have been here 25 years. i have never heard anything like that. >> the news conference late last night after the chamber killed a detmer that was passed by the house. sfwroo the senate is the only way out of this mess. you have seen the huge difficulties in the house, their inability to even tie their own shoes. >> to think with a...
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before they do the vote on harry reid's proposal that he had on the floor to avoid default. while it's likely to go down in this cloture motion, this issue of stopping the filibuster, shutting down the debate, that may not happen. there's a procedural and some clock reasons to keep this going, keep this alive and then when they swap out the agreement, it may be able to speed up this process. so that they can still get the whole agreement passed by both houses of congress and signed by the president before midnight, august 2nd. here's where we stand. that's where we stand right now. i am joined now by andrea mitchell, the anchor of "andrea mitchell reports," one of the grand poohba s in the washington bureau. >> this is a meltdown beyond meltdowns. they're taking attendance but it is really a delaying tactic until they've got everything in place and they're ready to go to the floor and they know exactly what the routine will be, then it will be pro forma. but behind the scenes they are lining everything up and dotting the "is" and crossing the "ts." >> i poke to someone on th
before they do the vote on harry reid's proposal that he had on the floor to avoid default. while it's likely to go down in this cloture motion, this issue of stopping the filibuster, shutting down the debate, that may not happen. there's a procedural and some clock reasons to keep this going, keep this alive and then when they swap out the agreement, it may be able to speed up this process. so that they can still get the whole agreement passed by both houses of congress and signed by the...
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i love my mom. >> unprecedented access to boehner and reid in a moment of truth. chris cillizza. >> my favorite new twitter feed is avmt rick perry facts. it's well worst faneuil for the amusement factor only. >> and we have a nice huntsman story about how he's going to go head to head in new hampshire, he has to do it out of necessity. >> a real shameless plug. >>> that's it for this edition of "the daily rundown." see you here tomorrow. bye-bye. >>> here's your bhis travel forecast. i'm meteorologist bill -- a lot of areas will see a chance of thunderstorms. northern new england could have damaging winds with these storms, also atlanta in the southeast, you're going to deal with some showers and storms, but the worst in the northern plains, possibly even a few tornadoes.
i love my mom. >> unprecedented access to boehner and reid in a moment of truth. chris cillizza. >> my favorite new twitter feed is avmt rick perry facts. it's well worst faneuil for the amusement factor only. >> and we have a nice huntsman story about how he's going to go head to head in new hampshire, he has to do it out of necessity. >> a real shameless plug. >>> that's it for this edition of "the daily rundown." see you here tomorrow. bye-bye....
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where a vote on both the boehner and reid plans are expected this week. boehner's plan officially called the budget control act is slated to go before the house tomorrow. the two-step plan would raise the debt limit $1 trillion through early 2012. and cut $1.2 trillion in discretionary spending over ten years. then, a bipartisan committee would be created to find an additional $1.8 trillion in cuts. that's the house plan proposed by speaker boehner. president obama has threatened to veto a similar plan a few days ago. something senate majority leader, mitch mcconnell urged him to re-evaluate. >> this weekend we offered the president a bipartisan proposal to avoid default so we could have the time we need to put together a serious plan for getting our house in order and he rejected it out of hand. congressional leaders of both parties have shown they're willing to work in good faith. i would suggest that the president reconsider their offer rather than veto the country into default. >> meanwhile, harry reid introduced a plan to cut the deficit by $2.7 tril
where a vote on both the boehner and reid plans are expected this week. boehner's plan officially called the budget control act is slated to go before the house tomorrow. the two-step plan would raise the debt limit $1 trillion through early 2012. and cut $1.2 trillion in discretionary spending over ten years. then, a bipartisan committee would be created to find an additional $1.8 trillion in cuts. that's the house plan proposed by speaker boehner. president obama has threatened to veto a...
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why help them get reid's bill. if the republicans can't do it, let them fall on their face. >> republicans have to figure it out today don't they? >> yep. >> again, $4 trillion in cuts. i don't want new tax increases. i would also like every day to be christmas eve. i would like the red sox to win 162 games. sometimes you don't get what you want. >> true. >> all right. we shall continue. coming up, we are going to talk to steny hoyer and ask how many votes are out there. bob woodward is going to be here and peter king talking ability the upcoming nfl season. politico's top stories of the morning coming up next. first, bill karins with the weather. hot, sweltering, this side of hell? what are we looking at in the northeast? >> we are running out of adjectives to describe the summer. we got a break from the thunderstorms new york city northward to new england. today, another near 90 degree day. we haven't had a day below average for a month. we are going to get hotter. d.c., up here 100 by friday. saturday is hot and
why help them get reid's bill. if the republicans can't do it, let them fall on their face. >> republicans have to figure it out today don't they? >> yep. >> again, $4 trillion in cuts. i don't want new tax increases. i would also like every day to be christmas eve. i would like the red sox to win 162 games. sometimes you don't get what you want. >> true. >> all right. we shall continue. coming up, we are going to talk to steny hoyer and ask how many votes are out...
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even harry reid's version of it. and yet this is being put together without any hearings, without any real evaluation that the public has any chance to look over your shoulders. that's no way to do giant packages like this, is it? >> well, it shouldn't be. and what we should have done right from the get-go is done what has been done i believe it is 39 times in the past, which is raise the debt ceiling. but this is the first time we've had a group of people, it's not a majority of the house, it's not a majority of the congress, not a majority of the american people, but a small group of hard right people who are demanding certain things be done before they raise the debt ceiling. and we have realized, of course, the election did say cut and remove waste from the budget. but it didn't say -- it didn't say hold america hostage. you know, what's happening over there, lawrence, is very simple. the speaker continues to throw piece after piece after piece of red meat to the hard right lion that's controlling his caucus. it'
even harry reid's version of it. and yet this is being put together without any hearings, without any real evaluation that the public has any chance to look over your shoulders. that's no way to do giant packages like this, is it? >> well, it shouldn't be. and what we should have done right from the get-go is done what has been done i believe it is 39 times in the past, which is raise the debt ceiling. but this is the first time we've had a group of people, it's not a majority of the...
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in effect, it is senator reid's way of callingç the house republicans' bluff. speaker boehnor's original position was a dollar-for-dollar match of spending cuts to the amount of the debt ceiling increase and no change in tax revenue. senator reid and senator chuck schumer unveiled the president's plan first, and the democrats noted they made a significant concession on tax revenues. >> it meets the requirements that they laid out, dollar-for-dollar savings in the debt ceiling, no revenues, and cuts that they have supported. so ask yourself, the american people will be asking themselves, if they oppose this, why? since it's everything they asked for. this is a very hard decision for many on our side. our side knows that any serious debt reduction plan must include revenues, but in the interest of preventing a default, we can have the fight on revenues later when we get to the grand bargain speaker boehnor couldn't bring himself to accept from barack obama, we offer this plan. it's a tough choice, but for democrats, we get an increase in the debt ceiling through
in effect, it is senator reid's way of callingç the house republicans' bluff. speaker boehnor's original position was a dollar-for-dollar match of spending cuts to the amount of the debt ceiling increase and no change in tax revenue. senator reid and senator chuck schumer unveiled the president's plan first, and the democrats noted they made a significant concession on tax revenues. >> it meets the requirements that they laid out, dollar-for-dollar savings in the debt ceiling, no...
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some combination of mcconnell-reid. >> the mcconnell-reid plan which does deal with the debt crisis by august 2nd is the operative piece of legislation that's on the floor. now whether it can incorporate some other things down the road we go further, that's remains to be seen. that's being discussed among the leadership of both parties and the white house. >> part of this is a mechanical problem with the time running out. you guy haves to vote on the senate on this cut, cap and balance amendment which by all reports is not going to have a majority many the senate. it's not going to have the 60 votes needed in fact to get through. >> it's not -- >> you have to vote on that first. that's a friday vote. >> we have to vote on it because the republicans are insisting -- we're willing to have a vote on it. i doubt it will get a democrat vote. there may be a few republicans that won't vote for it. it decimates, medicare, social security. it's the most unrealistic piece of legislation i've seen and it's for show. why are we taking until the weekend on it? the reason's very simple. there are a
some combination of mcconnell-reid. >> the mcconnell-reid plan which does deal with the debt crisis by august 2nd is the operative piece of legislation that's on the floor. now whether it can incorporate some other things down the road we go further, that's remains to be seen. that's being discussed among the leadership of both parties and the white house. >> part of this is a mechanical problem with the time running out. you guy haves to vote on the senate on this cut, cap and...
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republicans walk out on mccome and reid. republicans walk out on the gang of six and republicans walk out on the president. the time is running out. of course, we would prefer something balanced and we would prefer to see revenues as part of the mixture. but we're heartened by the fact and hairy reid's proposal that there's nothing in there with regard to social security, with regard to medicare, and with regard to medicaid which are vitally important programs. to the people we're sworn to serve. we'd like to see a balance so we can enhance programs going forward. i think that discussion can be had at another day. right now i think with the nation running so perilously close to having bond ratings dropped and within the republican conference them not even being able to agree on boehner's proposal, right now i think harry reid has got the best path forward for us to make sure that the country doesn't default now. the ball is in the republicans' court. they control the majority in the house of representatives. it will be their
republicans walk out on mccome and reid. republicans walk out on the gang of six and republicans walk out on the president. the time is running out. of course, we would prefer something balanced and we would prefer to see revenues as part of the mixture. but we're heartened by the fact and hairy reid's proposal that there's nothing in there with regard to social security, with regard to medicare, and with regard to medicaid which are vitally important programs. to the people we're sworn to...
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first, harry reid's proposal is a compromise. a compromise because democrats have no revenues in it, plus we have yielded to the republicans to have dollar for dollar reduction in spending for the increase in the debt ceiling. so it represents a good faith compromise. second point, this is a cloture vote which means republicans if they don't vote for this, means they would filibuster, raising the debt ceiling, something we haven't done in the past. that's the real symbolism behind this vote. it's an important vote. we hope we will get the necessary 60 votes so that it is penneding and we can vote on it by majority vote. >> okay. how quickly could the senate potentially pass a bill today? could that happen right at 1:00? or would that be later on in the afternoon with amendments and tweaking? >> well, if the cloture vote would pass there, is a required 30 hours of debate. any senator could block us for taking the vote off tomorrow. having said that, if we can reach an agreement. we hope we could allow earlier voting, get an agreem
first, harry reid's proposal is a compromise. a compromise because democrats have no revenues in it, plus we have yielded to the republicans to have dollar for dollar reduction in spending for the increase in the debt ceiling. so it represents a good faith compromise. second point, this is a cloture vote which means republicans if they don't vote for this, means they would filibuster, raising the debt ceiling, something we haven't done in the past. that's the real symbolism behind this vote....
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to talk about the reid deal. what you see the similarities is trillion dollars in spending, spending caps. the two significant differences, though, are this. it's the balanced budget amendment that was added specifically because the tea party freshmen in the house wanted it in there, and on top of that, democrats do not want to go play for this process again in about six or sech months. they want this to go through 2012 because they say uncertainty will really cripple the economy. also, the number of cuts in the second round that have this commission. both of them have a commission of 12 people to try and figure out how to get the country on better financial footing. the republican bill out of the house that has $1.8 trillion in cuts, republicans have shown that they don't want to really cut the defense department, they don't want to have any tax revenue increase to that $1.8 million, a lot of that would come out of intilgsments. that's where the major differences are. in terms of cutting spend, putting caps in t
to talk about the reid deal. what you see the similarities is trillion dollars in spending, spending caps. the two significant differences, though, are this. it's the balanced budget amendment that was added specifically because the tea party freshmen in the house wanted it in there, and on top of that, democrats do not want to go play for this process again in about six or sech months. they want this to go through 2012 because they say uncertainty will really cripple the economy. also, the...
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what does majority leader reid really think about mitch mcconnell? >> how do you get along with mitch mcconnell? >> mitch and i are friends. we talk every day. i consider him a fine man. he's a good saturday. he and i have a different political philosophy. we both believe the country needs some help and we're trying to do that. it's not easy. we have two distinct caucuses. but the problem is not mitch mcconnell. >> it's skonk as you have never seen it. trust me. don't miss the "dateline" special. taking the hill inside congress this sunday 7:00 eastern. you're watching "andrea mitchell you're watching "andrea mitchell reports" only on msnbc. this is my band from the 80's, looker. hair and mascara, a lethal combo. i'm jon haber of alto music. i've been around music my entire life. this is the first alto music i opened when i was 24. my business is all about getting music into people's hands. letting someone discover how great music is, is just an awesome thing. and the plum card from american express open helps me do that. i use it for as much invento
what does majority leader reid really think about mitch mcconnell? >> how do you get along with mitch mcconnell? >> mitch and i are friends. we talk every day. i consider him a fine man. he's a good saturday. he and i have a different political philosophy. we both believe the country needs some help and we're trying to do that. it's not easy. we have two distinct caucuses. but the problem is not mitch mcconnell. >> it's skonk as you have never seen it. trust me. don't miss the...
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if it's harry reid and the president that get to dictate the terms of the last five days of this and where this goes and what the bill looks like, you know, it's going to have a debt ceiling all way to the end, all the way through 2013, what the president wants. if it doesn't, mcconnell, the republican leader in the senate and bi-boehner think they can sort of jam the president and force another vote in six months. and that's really what this is. it's a game leverage. republicans really believe if boehner can send this bill over, he at least can say, see, we're not -- everybody says we're holding this thing hostage, we're the ones that caused this political issue and turned it into an economic crisis, they think they can have leverage. and that's really what they're about to lose. and i'll tell you as far as timing, they have about three or four hours to get this done this morning. mitch mrk con he will knows when to fold and he and harry reid will put something together so fast that suddenly the irony to this is the tea party may screw up the end game where we're into the actually g
if it's harry reid and the president that get to dictate the terms of the last five days of this and where this goes and what the bill looks like, you know, it's going to have a debt ceiling all way to the end, all the way through 2013, what the president wants. if it doesn't, mcconnell, the republican leader in the senate and bi-boehner think they can sort of jam the president and force another vote in six months. and that's really what this is. it's a game leverage. republicans really believe...
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Jul 25, 2011
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senator harry reid also came out way plan. under his plan it would increase the debt ceiling but also reduce deficits by about $2.7 trillion over the next decade. you'd see things slashed like defense cuts. and one of the main ways that they would get savings there is through scaling back the wars in iraq and afghanistan. what's notable about this, it doesn't include any new revenues through taxes. as you know, the white house has been fighting for this for weeks and now under senator reid's plan there are no new revenues through tax reform. the president has come out and said schae ports senator reid's plan. he says it is a reasonable approach but we're still deadlocked just eight days out. >> thank you, kristen. >>> and serving on the budget committee. good afternoon, senator. >> good afternoon, dylan. thanks for a chance to be he. >> thanks for joining us. insight what you think this deal ends up looking like? >> well i think a number of us are disappoint we're not going to do the bigger deal that the president and leader r
senator harry reid also came out way plan. under his plan it would increase the debt ceiling but also reduce deficits by about $2.7 trillion over the next decade. you'd see things slashed like defense cuts. and one of the main ways that they would get savings there is through scaling back the wars in iraq and afghanistan. what's notable about this, it doesn't include any new revenues through taxes. as you know, the white house has been fighting for this for weeks and now under senator reid's...
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Jul 28, 2011
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their plan is not as big as they wanted it to be, but a short time ago senate majority leader harry reid warned that the bill will be rejected in short order. >> as soon as the house completes the vote tonight or this afternoon, the senate will move to take up that message that they sent to us. it will be defeated. they know that. >> so, no word as of yet from the president today on the standoff. earlier today, press secretary jay carney said that any bill would have to absolutely extend the debt ceiling until 2013, and nbc's kristen welker joins me from the white house. also in the press briefing, jay carney said that the bill being worked on right now is d.o.a. when it reaches the senate. >> yes, that is right. hello, thomas. good afternoon to you. he said it is d.o.a. and 58 senators have said they will come out to vote against it and he reiterated the call that the white house is not going to get behind anything that is not a long-term increase of the debt ceiling. but you know, people have been pushing this on this saying that past presidents have increased the debt ceiling for peri
their plan is not as big as they wanted it to be, but a short time ago senate majority leader harry reid warned that the bill will be rejected in short order. >> as soon as the house completes the vote tonight or this afternoon, the senate will move to take up that message that they sent to us. it will be defeated. they know that. >> so, no word as of yet from the president today on the standoff. earlier today, press secretary jay carney said that any bill would have to absolutely...
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Jul 30, 2011
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that which senator reid was seeking would extend it beyond the 2012 election. when that gets resolved which way is it going to go? are we going to be revisiting the issue before americans vote for president? >> i don't think so. i've said before and i've said again, if a six-month extension lands on the president's desk, he ought to veto it and next to it have an executive order invoking the 14th amendment. because i think that we will not do a single thing for people's confidence, for for the confidence of the markets if it's only six months. it might as well not be anything because it will not change the paradime at all. >> stability is what we need. >> thank you for having me. >>> coming up, how far will the tea party take this fight? default, economic chaos? we're going to ask a couple of tea party republicans how far they plan to go. that's next. i have astigmatism. so my old contact lenses would sometimes move out of place and blur my vision. my eye doctor said there's great news for people with astigmatism. acuvue® oasys for astigmatism. he said it's th
that which senator reid was seeking would extend it beyond the 2012 election. when that gets resolved which way is it going to go? are we going to be revisiting the issue before americans vote for president? >> i don't think so. i've said before and i've said again, if a six-month extension lands on the president's desk, he ought to veto it and next to it have an executive order invoking the 14th amendment. because i think that we will not do a single thing for people's confidence, for...
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Jul 25, 2011
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what about the reid plan? let's look at what the reid plan is and is not. reid's plan is, theç debt ceilg hike through 2012. let's go past the election he is saying. $2.7 trillion. no new revenue and no new entitlement cuts. how does that plan sound to you and why would the republicans not take that plan? there is no new taxes where we think could cancel tax cuts. they don't get any new taxes there at all and they get -- they are cut in terms of the entitlement. what is the problem? >> okay, so first of all, just to correct that last point, they don't get their entitlement cut in the replant. but you're absolutely right. there is no revenue, not a cent for miles around in the replan. this is a plan that i view as pretty darn imbalanced. by the way, i suspect the president viewes it the same way. he is consistently talking about the need because if you don't you put too much on the cut side of the equation and that does more harm than good. the republicans ought to take the reid plan. but you see reverend, it is matter of posturing, of leveraging, of polit
what about the reid plan? let's look at what the reid plan is and is not. reid's plan is, theç debt ceilg hike through 2012. let's go past the election he is saying. $2.7 trillion. no new revenue and no new entitlement cuts. how does that plan sound to you and why would the republicans not take that plan? there is no new taxes where we think could cancel tax cuts. they don't get any new taxes there at all and they get -- they are cut in terms of the entitlement. what is the problem? >>...
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Jul 26, 2011
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immediately there was opposition in the house to the reid plan, and so the reid plan, more than most of them, since it's so perfectly designed to fit the republicans' initial requiring for raising the debt ceiling seems to be the republican and bluff plan, the republican embarrassment plan. here's harry reid saying, okay, here's exactly what you asked for at the outset. no revenue raises and dollar for dollar match and he watched them reject that today. wasn't that as much as anything what was going on with that reid plan? >> absolutely. what really slayed me tonight was hearing representative boehner say, you know, the problem with this white house is they won't take yes for an answer. when you think about the extent to which the president has bent over backwards, gone way out of democrats' comfort zone with significant cuts to medicare, medicaid, social security on the table, i thought it was egregious of the congressman in the earlier segment to act like none of that occurred along with, of course, the very significant spending cuts. and then, yes, you have this plan tailored very
immediately there was opposition in the house to the reid plan, and so the reid plan, more than most of them, since it's so perfectly designed to fit the republicans' initial requiring for raising the debt ceiling seems to be the republican and bluff plan, the republican embarrassment plan. here's harry reid saying, okay, here's exactly what you asked for at the outset. no revenue raises and dollar for dollar match and he watched them reject that today. wasn't that as much as anything what was...
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Jul 26, 2011
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senator reid's proposal goes for a longer term. that's why the president said it's important to take a hard look at his. it's not perfect, but certainly a lot byrne than the one speaker boehner is proposing. >> whether you say it's not perfect, you know that many people in the democratic side of the debate are saying we're giving too much. if you look at the washington polls, "the washington post" has a poll that came out today, 72% of americans support raising taxes on those making over $250,000 a year. we even see where 62% support a combination of cutting spending and increasing taxes. yet -- >> that's where the president is. >> yet the reid plan doesn't even given revenues. some say we're giving too much. >> i think it's a down payment. it is a spending-only plan. however, and it's an important however, he does set up a process where we have the partisan support that would look at spending proposals, contrasting that with what speaker boehner is proposing, that would not allows for spending cuts either initially -- i'm sorry --
senator reid's proposal goes for a longer term. that's why the president said it's important to take a hard look at his. it's not perfect, but certainly a lot byrne than the one speaker boehner is proposing. >> whether you say it's not perfect, you know that many people in the democratic side of the debate are saying we're giving too much. if you look at the washington polls, "the washington post" has a poll that came out today, 72% of americans support raising taxes on those...
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Jul 29, 2011
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if simpson bowles couldn't get committee approval what makes us think boehner-reid will? here is my idea wp while congress stands around waiting for leaders to negotiate deals, most of which are dead on arrival, why doesn't someone ring the bell in washington and have the vote we never have. at least then the american people would know who was really ready to see the
if simpson bowles couldn't get committee approval what makes us think boehner-reid will? here is my idea wp while congress stands around waiting for leaders to negotiate deals, most of which are dead on arrival, why doesn't someone ring the bell in washington and have the vote we never have. at least then the american people would know who was really ready to see the